Weekly Momentum On Major Pairs (Wk17/2019)

XXX/USD: Mixed (EU is more bullish than GU)

Gold & Silver: Bearish (Gold is very bearish while Silver is slightly bullish)

XXX/JPY: Slightly Bearish

Indexes: Slightly Bullish (Dow Jones is bullish while Hsi is Neutral)

BitCoin: Neutral

Week 17 (Apr 2019)


Post Scriptum: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume, Macro nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up.
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